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London

Jones Lang LaSalle to market residential development opportunity in Central London

2012-10-24T05:00:00Z

London, 23rd October - On behalf of HMCTS, the London residential team at Jones Lang LaSalle has been appointed to market the freehold of St Dunstans House, an exceptional Central London Residential development opportunity located just off Fleet Street alongside the Clifford’s Inn Gardens and the neo-Gothic Grade II* listed King’s College Library.

The 53,339 sq ft vacant office building was formerly occupied by Her Majesty’s Courts and Tribunals Service and is ideally suited to cater for both the established West End market as well as the City of London.

The team advised the landlord in 2009 to seek planning permission and assemble a design team. In 2011, planning permission was granted by the City of London for demolition of the existing 8 storey building to provide 76 apartments across the ground to 8th floors. The proposed design of the building is with Bath stone masonry and bronze metalwork cladding and is considered to be the most outstanding residential development opportunity in the City of London.

Will Grant, residential director at Jones Lang LaSalle commented: “This is a high profile instruction and one that we have worked on for an extended period of time, providing both development consultancy and disposal advice. With planning consent in place it’s now a highly sought after piece of London real estate.”

The site is part owned by The Crown Estate who are represented by DJ Deloitte.